Nukkleus Inc (NUKK)

[klimanjaro]

The Transaction is expected to close on October 22, 2021.https://www.otcmarkets.com/filing/html?id=15291335&guid=nzMwkpLZGSv1dth


On October 20, 2021, Nukkleus, Inc. (the “Company”) and the shareholders (the “Jacobi Shareholders”) of Jacobi Asset Management Holdings Limited (“Jacobi”) entered into a Purchase and Sale Agreement (the “Jacobi Agreement”) pursuant to which the Company agreed to acquire 5.0% of the issued and outstanding ordinary shares of Jacobi in consideration of 20,000,000 shares of common stock of the Company (the “Transaction”). The Transaction is expected to close on October 22, 2021.



All of the offers and sales of securities described above were made to accredited investors and the Company relied upon the exemptions contained in Section 4(a)(2) of the Securities Act of 1933, as amended, with regard to those sales. No advertising or general solicitation was employed in offering the securities. The offers and sales were made to a limited number of persons, each of whom was an accredited investor and transfer of the securities issued was restricted by the Company in accordance with the requirements of the Securities Act of 1933.